DLJ wins Irish banks mandate

Donaldson, Lufkin & Jenrette has won its first big mandate in equity capital markets since the appointment of Alex Graham in March to head the firm's international equity capital markets business.

The Irish Department of Finance has appointed DLJ alongside IBI Corporate Finance and Davy Stockbrokers to advise on the merger and subsequent flotation of ACC Bank and TSB Bank, in a deal with an estimated value of at least $650m (E607m). The sale is understood to have been slated for the first or second quarters of next year,...